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RBS and Whack-A-Mole: Chilton

RBS Libor Still

The more than $600 million settlement between the bank and several global regulators for manipulating benchmark interest rates is another glaring example of the financial sector run amok and the head of the CFTC says regulators around the globe need bigger and heavier hammers.




People News: Citigroup, Deutsche Bank, UBS

Mariano Gaut, a 20-year Citigroup veteran who most recently served as the bank's co-head of Latin America capital markets origination, has left the firm, two sources familiar with the situation told IFR.


People News: Barclays, Royal Bank of Scotland

Barclays has hired Reinhard Koester as a managing director covering specialty finance companies in the United States, according to people familiar with the matter who asked not to be identified because the appointment is not yet public.